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BENJAMIN HILL MINING CORP - BNNHF STOCK NEWS

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About Benjamin Hill Mining Corp.

Benjamin Hill Mining Corp. (now renamed Forge Resources Corp.) is a Canadian-listed junior exploration company dedicated to identifying, exploring, and advancing mineral resource projects. The company operates within the mining and natural resources sector, with a strategic focus on precious metals and energy resources. Its flagship project, the Alotta property, is a prospective porphyry copper-gold-molybdenum project located in the Dawson Range porphyry/epithermal belt in the Yukon Territory of Canada, a region known for its rich mineralization and proximity to world-class deposits.

Core Business Areas

Benjamin Hill Mining Corp. specializes in early-stage mineral exploration, leveraging advanced geophysical and geochemical techniques to identify high-potential resource targets. The company’s primary asset, the Alotta project, spans 96 mineral claims over approximately 1,926 hectares. Situated 50 km southeast of the globally significant Casino deposit, the Alotta property benefits from a favorable geological setting that enhances its potential for porphyry-style mineralization. Recent exploration efforts have identified key zones of interest, including the Payout and Severance Zones, which exhibit anomalous gold, copper, and molybdenum values.

In addition to its Canadian operations, the company holds a 40% interest in Aion Mining Corp., which is advancing the fully permitted La Estrella coal project in Santander, Colombia. This project contains eight known seams of metallurgical and thermal coal, providing a complementary focus on energy resources.

Market Position and Strategy

Benjamin Hill Mining Corp. operates within the competitive junior mining sector, where success often hinges on the quality of exploration assets, strategic partnerships, and access to capital. The company differentiates itself through its dual focus on base and precious metals in Canada and coal in Colombia, offering a diversified portfolio that appeals to a broad range of stakeholders. Its proximity to established deposits, such as the Casino copper-gold project, underscores the strategic value of its Alotta property.

Commitment to Sustainability

The company emphasizes environmental stewardship and community engagement as integral components of its operations. Initiatives such as tree planting, local workforce involvement, and compliance with environmental regulations reflect its dedication to sustainable exploration practices. These efforts not only align with regulatory requirements but also foster positive relationships with local communities and stakeholders.

Challenges and Opportunities

As a junior exploration company, Benjamin Hill Mining Corp. faces challenges typical of the sector, including commodity price volatility, regulatory complexities, and the need for ongoing financing. However, its strategic geographic positioning, high-quality exploration targets, and diversified portfolio position it well to capitalize on opportunities in both the metals and energy markets.

Looking Ahead

With a focus on advancing its Alotta project and furthering its interest in the La Estrella coal project, Benjamin Hill Mining Corp. aims to unlock significant value for its stakeholders. By leveraging its expertise in exploration and maintaining a commitment to sustainability, the company is poised to make meaningful contributions to the mining industry.

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Benjamin Hill Mining Corp. appoints Matt Warder as Strategic Industry Advisor, leveraging his two decades of experience in energy, metals, and mining analysis. Warder's expertise will enhance the company's corporate development strategy, particularly in the global coal industry.
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Benjamin Hill Mining Corp. has entered into a non-binding letter of intent with Aion Mining Corp. to acquire a further interest in Aion to bring the Company's total interest in Aion to 40%. The La Estrella Coal Project contains eight known seams of metallurgical and thermal coal from recent and historical diamond drilling programs and surface exposures. The aggregate purchase price for the Proposed Transaction will be $1,875,000, payable in cash and common shares of the Company. Completion of the transaction is subject to customary conditions and any other conditions agreed to by the parties in a definitive share purchase agreement. The Company also announces that it has hired a consultant in exchange for 500,000 incentive stock options.
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Benjamin Hill Mining Corp. announces the mobilization of Paul Bright to prepare an updated NI 43-101 report for the La Estrella coal project in Colombia. With over 50 years of geological experience, Mr. Bright's expertise will advance the project into the bulk sampling phase, providing significant value to the company.
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Benjamin Hill Mining Corp. appoints Russell Ball, former EVP and CFO at Newmont Mining and Goldcorp, as Senior Advisor. Ball brings over 30 years of international mining executive experience and will work to advance the company's portfolio, particularly the La Estrella project in Colombia.
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Benjamin Hill Mining Corp. has acquired a 20% interest in Aion Mining Corp, with promising coal exploration discoveries and infrastructure developments. The company has obtained permits for coal extraction and has a skilled multinational team in place. The project shows potential for rapid advancement and increased coal extraction in subsequent years.
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Benjamin Hill Mining Corp. (CSE: BNN) (OTCQB: BNNHF) (FSE: 5YZ0) has engaged Clarkham Capital Ltd. to provide investor relations and consulting services with a focus on the German stock market and the German-speaking investor community. The initial term is for 3 months, ending on April 3, 2024, with Benjamin Hill paying Clarkham €50,000 euros for their services. Sebastian Korbach, the director of Clarkham, holds no securities in the company and will not be compensated individually.
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Benjamin Hill Mining Corp. (CSE: BNN) (OTCQB: BNNHF) (FSE: 5YZ0) announces the acquisition of a 20% interest in Aion Mining Corp., a strategic investment with a potential path to generating revenue in the global energy resource market.
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Benjamin Hill Mining Corp. (CSE: BNN) (OTCQB: BNNHF) (FSE: 5YZ0) announces the discovery of unsanctioned promotional materials on third-party websites, which have not had any significant impact on the company's trading activity. The company denies any involvement in the creation, distribution, or payment of these materials.
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Benjamin Hill Mining Corp. (BNN) has completed two inaugural diamond drill holes at the Alotta copper-gold-molybdenum project in the west-central Yukon, discovering porphyry style mineralization. The drill program is set to continue in May 2024, focusing on four areas of high copper, gold, and molybdenum concentrations. Both holes exhibited multiple intrusive phases with significant mineralization, and the company plans to extend them in the spring if required.
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Benjamin Hill Mining Corp. (CSE: BNN) (OTCQB: BNNHF) (FSE: 5YZ0) announces a non-binding letter of intent with Aion Mining Corp., outlining the acquisition of 20% of Aion and its interest in a fully permitted coal project in Santander, Colombia. The project contains eight known seams of metallurgical and thermal coal, is fully permitted under Colombian Law, and has excellent infrastructure. The anticipated aggregate purchase price for the Proposed Transaction is $1,125,000, payable in cash and common shares of the Company. The LOI also grants the Company an anti-dilution right to maintain its 20% ownership of Aion.
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FAQ

What is the current stock price of BENJAMIN HILL MINING (BNNHF)?

The current stock price of BENJAMIN HILL MINING (BNNHF) is $0.4022 as of February 7, 2025.

What is the market cap of BENJAMIN HILL MINING (BNNHF)?

The market cap of BENJAMIN HILL MINING (BNNHF) is approximately 29.1M.

What is the primary focus of Benjamin Hill Mining Corp.?

The company focuses on exploring and advancing mineral resource projects, including copper-gold-molybdenum deposits in Canada and coal projects in Colombia.

What are the key projects of Benjamin Hill Mining Corp.?

Its flagship projects include the Alotta copper-gold-molybdenum property in Canada and the La Estrella coal project in Colombia, where it holds a 40% interest.

How does Benjamin Hill Mining Corp. generate revenue?

As a junior exploration company, it generates value by identifying and developing mineral resources, which can later be sold, partnered, or advanced to production stages.

What challenges does the company face?

Challenges include commodity price volatility, regulatory compliance, and the need for continuous financing to support exploration activities.

What makes the Alotta project significant?

The Alotta project is strategically located in the Dawson Range, near the world-class Casino deposit, and shows strong potential for porphyry-style mineralization.

What is the company’s approach to sustainability?

Benjamin Hill Mining Corp. prioritizes environmental compliance, community engagement, and sustainability initiatives, including tree planting and local workforce involvement.

How does the company differentiate itself in the mining industry?

The company’s dual focus on metals and coal projects, along with its strategic geographic positioning and commitment to sustainability, sets it apart in the junior mining sector.

What is the significance of the La Estrella coal project?

The La Estrella project is a fully permitted coal development in Colombia with eight known seams of metallurgical and thermal coal, providing diversification to the company’s portfolio.

What regions does Benjamin Hill Mining Corp. operate in?

The company operates in the Yukon Territory of Canada and Santander, Colombia, focusing on regions with favorable geology and significant resource potential.

Has Benjamin Hill Mining Corp. undergone a name change?

Yes, the company has formally changed its name to Forge Resources Corp. and trades under the new ticker symbol 'FRG' on the Canadian Securities Exchange.
BENJAMIN HILL MINING CORP

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29.12M
61.15M
12.66%
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